Now, federal contract and grant spending information

Announcing The FFATA Portal; at http://www.ffata.org/, it is a database operated by Global Computer Enterprises, Inc. – the same company that owns and operates FPDS-NG. Following in the footsteps of OMB Watch’s http://www.fedspending.org/, GCE brings federal contract and grant spending information to the public in a very user-friendly format.

The FFATA Portal brings transparency to government spending. It is the place to learn how your tax dollars are working. Current data includes all contracts and grants awarded by different government agencies.

The Federal Funding Accountability and Transparency Act (FFATA) was signed on September 26, 2006. The intent is to empower every American with the ability to hold the government accountable for each spending decision. The end result is to reduce wasteful spending in the government. The FFATA legislation requires information on federal awards (federal financial assistance and expenditures) be made available to the public via a single, searchable website. Federal awards include grants, subgrants, loans, awards, cooperative agreements and other forms of financial assistance as well as contracts, subcontracts, purchase orders, task orders, and delivery orders. The legislation does not require inclusion of individual transactions below $25,000 or credit card transactions before October 1, 2008.